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KOKotak MFRegular · IDCW

Kotak Floating Rate Fund - Regular Plan - Weekly IDCW

debtDebt - Floating Interest Rates FundBenchmark: NIFTY Ultra Short Duration Debt Index
NAV · 17 Sep 2021₹1,111.82+0.01%
AUM₹3.4k Crfrom this fund's primary plan
Expense Ratio0.62%
CAGR—
Exit LoadNil
Min SIP₹100from this fund's primary plan
Launched2019

Investment Objective

The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Mandate

Fixed Rate Debt Sec(including securitized debt, MMI & FR debt instruments swapped for Fixed rate returns)0%–35%
Floating Rate Debt Sec (including securitized debt & FR debt instruments swapped for floating rate returns)65%–100%
Units issued by REITs and InvITs0%–10%
Asset Allocation
Debt96.7%
Cash & Equivalents2.8%
Other0.5%
Fund Managers
DA
Deepak Agrawal
Fund Manager
Key Information
0.62%
₹100from this fund's primary plan
₹5,000
Nil
Nil
Inception14 May 2019
AMCKotak MF
Top Holdings
16.92% Power Finance Corporation Ltd.(^)**Finance5.79%
27.19% Karnataka State Govt - 2032 - Karnataka(^)G-Sec5.66%
37.31% Tamil Nadu State Govt - 2033 - Tamil Nadu(^)G-Sec5.32%
46.95% REC LTD(^)**Finance5.07%
57.96% PIPELINE INFRASTRUCTURE LIMITED(^)**Infrastructure4.84%
6JUBILANT BEVCO LIMITED ( Axis Trustee Services Limitedstep up or down 25 bps for every rating chang) (^)**Others3.26%
7JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) (^)**Others3.15%
88.05% TATA CAPITAL HOUSING FINANCE LTD.(^)**Finance2.93%
97.86% TATA CAPITAL HOUSING FINANCE LTD.(^)**Finance2.91%
108.45% MUTHOOT FINANCE LTD.(^)**Finance2.90%
Sector Allocation
Finance46.6%
Others14.5%
G-Sec14.0%
Bank11.5%
Infrastructure8.0%
Realty2.9%
Non - Ferrous Metals1.3%
Business Services0.9%
Miscellaneous0.4%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day+0.01%
Risk Metrics

Risk metrics are not available for this fund.

Fees
0.62%
Nil
Nil
₹100from this fund's primary plan
₹5,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme